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Russ

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Russ last won the day on October 31 2022

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  1. Hi, See attached screenshot. I opened a BUY position on the GBP/EUR market, £0.5/pt. The stop was set to the minimum of 8pts away. The limit was set to 1pt away. Opening: 11625.2 Limit: 11626.2 The price rose to almost 11627 but my limit wasn't activated and the position did not close. The spread was stable at 3 for the duration of the open position. Thanks, Russ
  2. ok, understood. Thank you. I guess the natural next question is... why? What's the rationale? The trade has a guaranteed stop. As I understand it, that means I can't owe IG more than that. So why am I required to have a margin that is many times more than I could ever lose? The margin will never be used. Am I missing something? Russ
  3. Hi, For example, a spread bet on the GBP/USD market, £1/point, with a stop at -£50, the margin is about £300 regardless of whether the stop is normal or guaranteed. When the stop is guaranteed, I don't understand why the margin needs to be so much higher than the potential loss. Could someone explain please? Thanks, Russ
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